Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gorham at 26 Joseph Drive UNIT 26, Gorham, ME, 04038 listed at $439,000 pairs $2,731/mo rent with a $2,149/mo payment. Total monthly income runs $2,731/mo. Return on cash invested measures 17.31% in year one, and rental yield registers 7.47% at a $439,000 basis. Equity gained on principal adds $2,833/yr, and annual property appreciation at 5% supports $121,288 by year five. Five-year ROI tracks 89.93% and total cumulative return in cash totals $130,880. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,731/mo property income relative to a $2,149/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood data shown for ZIP Code: 04038, Gorham, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,992 (100%) |
| Owner Occupied HU | 5,706 (81.6%) |
| Renter Occupied HU | 1,026 (14.7%) |
| Vacant Housing Units | 260 ( 3.7%) |
| Median Home Value | $517,175 |
| Average Home Value | $570,432 |
Residential
6,861
Single Family
6,498
Multi-Family
363
Businesses
515
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Price change | $439,000 |
| 2025-04-28 | Listed for sale | $449,000 |
| 2019-12-30 | Sold | $243,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • The Flaherty Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620520
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
